Legacy giftsA legacy gift in your will represents a very great honour for OUitC. Do please let us know if you have left or are considering leaving a bequest. While we are not able to provide advice in writing your will, we can provide an outline of the main types of legacy gift, as well as suggested wording. Email Kate Longworth klongworth@oufc.co.uk for more information.

Any estate which leaves at least 10 per cent of its taxable wealth to a charitable cause is able to take advantage of a reduced rate in IHT, from its normal level of 40 per cent down to 36 per cent. What this means in practice is the benefit to a charitable cause will be four times greater than the cost to the estate’s beneficiary, as HMRC will shoulder the burden of 76 pence for every pound donated, whereas the estate pays only 24 pence.

For those people who are already planning to leave a legacy, these rules result in a break-even level of 4 per cent (of taxable wealth) – i.e. there is no greater cost to the beneficiary if the estate donates 4 per cent or 10 per cent of the taxable wealth to charity.

Gifts of sporting kitA key part of any sports participation programme is the professional-grade quality of the kit and equipment used in the sessions. It sends a clear message of confidence in and esteem for the people, young and old, who are taking part.

If you have any kit or equipment and are unsure as to whether we will be able to use it, please get in touch by emailing community@oufc.co.uk or phoning 01865 783236.